Competitor profile

Indragiri Associates

They win 55% of what they bid, but only 38% of the value — the bigger bids get away.

11tenders on record
2buyer authorities
1state
31 Jul 2026last award
Total bids
11
11 including cancelled tenders
Awarded
6
3 lost · 0 still pending
Awarded value
₹10.8 L
of ₹28.2 L bid — 38.2% conversion
Win rate
54.5%
of 11 decided bids

Bid outcomes

Lost bids carry more value than won ones — they chase big and lose big
By count11 bids
54.5%
18.2%
27.3%
Awarded654.5%
Pending00.0%
Tech rejected218.2%
Lost327.3%
By value₹28.2 L
38.2%
23.6%
38.2%
Awarded₹10.8 L38.2%
Pending₹00.0%
Tech rejected₹6.7 L23.6%
Lost₹10.8 L38.2%

Where they win

1 authority · 1 state

Top buyer organisations

PWD- Roads and Bridges₹10.8 L100.0%

Operating states

LowHigh

Top competitors

In tenders they both bid · bar shows how the awards split
01
₹1.1 L
won head-to-head
02
RAKESH MAHESHWARI0 wins · 2 shared tenders
₹0
won head-to-head
03
POWER PROGRESS INDIA PRIVATE LIMITED0 wins · 2 shared tenders
₹0
won head-to-head
04
SURE WIN CORPORATION0 wins · 2 shared tenders
₹0
won head-to-head
05
ASHOK ELECTRICALS2 wins · 2 shared tenders
₹7.9 L
won head-to-head
06
JAYANT SHARMA0 wins · 2 shared tenders
₹0
won head-to-head
Rival awardedIndragiri Associates awardedOthers

About Indragiri Associates

Indragiri Associates appears as a bidder on 11 government tenders on record, from 2 buyer authorities in 1 state. Of its 11 decided bids, it was awarded 6 — a 54.5% win rate — worth ₹10.8 L in total. Its most recent award on record is from 31 Jul 2026.

Its largest buyer by awarded value is PWD- Roads and Bridges, at 100.0% of what it has won. Most of its awards come from Madhya Pradesh. On priced bids, its median quote is the lowest (L1).

It most often bids against ULTIMATE VENTURES SECURITY SYSTEM PVT.LTD. BHOPAL, RAKESH MAHESHWARI and POWER PROGRESS INDIA PRIVATE LIMITED. ULTIMATE VENTURES SECURITY SYSTEM PVT.LTD. BHOPAL bid on 3 of the same tenders and won 1 of them; Indragiri Associates won 0.

This profile is built from what portals disclose publicly. Several states never release bidder lists or quoted prices, so it likely understates a company's true footprint. Companies are matched by the name they bid under, so firms sharing a common name can appear together. A tender counts as won when the company received the award. TenderShark compiles these public records independently and has no association with any government portal, buyer, or bidder.